🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Stocks

Spanish jobless claims fall by 1,900 in February

Published 03/04/2014, 03:10 AM
Spanish jobless claims decline by 1,900 last month
EUR/USD
-

Investing.com - The number of unemployed people in Spain declined unexpectedly in February, easing concerns over the health of the euro zone’s fourth largest economy, official data showed on Tuesday.

In a report, Spain’s Employment Ministry said the number of unemployed people fell by a seasonally adjusted 1,900 last month, compared to expectations for an increase of 74,200. The number of unemployed people rose by 113,100 in January.

Following the release of the data, the euro held on to gains against the U.S. dollar, with EUR/USD inching up 0.13% to trade at 1.3753.

Meanwhile, European stock markets were higher after the open. Spain’s IBEX35 climbed 1.1%, the EURO STOXX 50 advanced 1.2%, France’s CAC 40 rose 1.2%, Germany’s DAX picked up 1%, while London’s FTSE 100 rallied 1.2%.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.